Canadian Pacific Railway is a transcontinental carrier operating in Canada and the United States. Its rail network serves the principal centres of Canada, from Montreal to Vancouver, and the US Northeast and Midwest regions, feeding directly from the east and west coasts. Alliances with other carriers extend CPR's coverage throughout the US and into Mexico.

Canadian Pacific's corporate structure consists of a Canadian railway division (Canadian Pacific Railway Company - CPR), as well as rail assets in the US operated by two wholly-owned indirect subsidiaries, Soo Line Railroad Company and Delaware & Hudson Railway Company, Inc.